Information  X 
Enter a valid email address

Kazakhstan Kagazy (KAG)

  Print      Mail a friend       Annual reports

Thursday 23 June, 2011

Kazakhstan Kagazy

Update on debt restructuring

RNS Number : 9755I
Kazakhstan Kagazy PLC
23 June 2011








For immediate release                                                                                        


23 June 2011






EBRD Debt restructuring update



Kazakhstan Kagazy plc announces that it has agreed a term sheet with the European Bank for Reconstruction and Development ("EBRD") in relation to the Restructuring of the Group's loan with EBRD of USD38.6 million (the "Restructuring"). The Restructuring is dependent upon further documentation preparation and formalization and is subject to final documentation, which is anticipated to be signed in the third quarter of 2011.


For more information, please visit or contact:

Kazakhstan Kagazy JSC

Nellya Kim, Press Centre                                 +7 727 244 87 96


SP Angel Corporate Finance LLP

David Facey

John Mackay                                                   +44 20 3463 2260



This information is provided by RNS
The company news service from the London Stock Exchange